Evelo Biosciences, Inc. cited an unusually high placebo response rate in the first three cohorts of its Phase II clinical trial of EDP1815 in atopic dermatitis on 1 February as it announced the study failed to meet its primary endpoint. This may significantly narrow the potential path forward for the drug, but the company still sees a route to registration for it and another drug, EDP2939, in psoriasis. Given the atopic dermatitis setback, however, Evelo plans to restructure and lay off some of its workforce.
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